Granite receives approval for EOR on Bakken property

Granite Oil Corp. has received the approval of the Alberta Energy Regulator (AER) to operate its gas injection enhanced oil recovery (EOR) scheme on its 100%-owned Alberta Bakken property under a consolidated regulatory framework across 23 contiguous sections of land.

This approval is a key milestone for Granite as it provides Granite with additional flexibility to expand and optimize its EOR scheme, a process which forms the backbone of Granite's operational plan for 2016.

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